News





AMC to acquire four Rave cinemas

Nov 27, 2012

AMC Entertainment and Rave Reviews Cinemas entered into a definitive agreement for AMC’s acquisition of four Rave theatres.

The four venues have 61 all-digital screens, 46 percent of which are 3D-capable. The theatres are in three markets new to the AMC portfolio: Montgomery, Ala., Destin, Fla., and Baton Rouge, La. (two theatres). Each theatre has obtained the number-one position in all three markets and the average age is nine years, with numerous upgrades having occurred at each location since construction.

"We are pleased to add these four theatres to our quality fleet of locations. This is a natural progression of business that we anticipated following our own acquisition by the Wanda Group," said Gerry Lopez, AMC CEO and president. "With this strategic acquisition, we are adding new markets to our footprint and serving a new audience in the South and Southeast."

Completion of the acquisition is subject to customary closing conditions.


AMC to acquire four Rave cinemas

Nov 27, 2012

AMC Entertainment and Rave Reviews Cinemas entered into a definitive agreement for AMC’s acquisition of four Rave theatres.

The four venues have 61 all-digital screens, 46 percent of which are 3D-capable. The theatres are in three markets new to the AMC portfolio: Montgomery, Ala., Destin, Fla., and Baton Rouge, La. (two theatres). Each theatre has obtained the number-one position in all three markets and the average age is nine years, with numerous upgrades having occurred at each location since construction.

"We are pleased to add these four theatres to our quality fleet of locations. This is a natural progression of business that we anticipated following our own acquisition by the Wanda Group," said Gerry Lopez, AMC CEO and president. "With this strategic acquisition, we are adding new markets to our footprint and serving a new audience in the South and Southeast."

Completion of the acquisition is subject to customary closing conditions.

More Cinemas

Theatres get close to closed captioning with NATO recommendations

The National Association of Theatre Owners (NATO) has joined forces with several major deaf and hard of hearing advocacy organizations to jointly file recommendations to the U.S. Department of Justice (DOJ) for the implementation of increased closed captioning in movie theatres. More »

NCM's 'FirstLook' is now Shazamable

Shazam and National CineMedia announced the full national rollout of their exclusive deal More »

Seattle Cinerama unveils state-of-the-art renovation

Seattle’s Cinerama has been upgraded with state-of-the-art sight and sound More »

NCM and Screenvision respond to Justice Department action

National CineMedia, Inc. and Screenvision, LLC defended their proposed merger in response to a complaint filed by the U.S. Department of Justice More »

ADVERTISEMENT



REVIEWS

Penguins of Madagascar
Film Review: Penguins of Madagascar

Frenetic vehicle for supporting players from the Madagascar films will entertain kids but prove a little wearying for their parents. More »

imitation game
Film Review: The Imitation Game

Terrific biopic about world-class mathematician and social misfit Alan Turing, who, in spite of a painful struggle with his homosexuality, helped the Allies break the code of the Nazis' Enigma machine. More »

Player for the Film Journal International website.


ADVERTISEMENT



INDUSTRY GUIDES

» Blue Sheets
FJI's guide to upcoming movie releases, including films in production and development. Check back weekly for the latest additions.

» Distribution Guide
» Equipment Guide
» Exhibition Guide

ORDER A PRINT SUBSCRIPTION

Film Journal International

Subscribe to the monthly print edition of Film Journal International and get the full visual impact of this valuable resource for the cinema business.

» Click Here

SPONSORSHIP OPPORTUNITIES

Learn how to promote your company at the Film Expo Group events: ShowEast, CineEurope, and CineAsia.

» Click Here